Douglas A. Criscitello
Doug Criscitello is a managing director at Grant Thornton where he assist clients in addressing solutions to challenges residing at intersection of finance and policy.
Doug Criscitello is a managing director at Grant Thornton where he assist clients in addressing solutions to challenges residing at intersection of finance and policy. Areas of focus include government credit and insurance programs, budget analysis and development, public sector financial institutions, and financial services regulation. He has more than 30 years of experience working with government clients on issues involving data analytics, CFO Act implementation, organizational assessment/benchmarking and redesign, Federal Credit Reform Act implementation, and analysis related to modeling financial risk.
The common thread of his career weaves together public sector financial institutions and related fiscal policy implications. From 2015-2019, Doug was executive director of the Golub Center for Finance and Policy at the Massachusetts Institute of Technology where he coordinated preparation and dissemination of original and timely research aimed at improving financial decision-making by government officials. He also developed and taught innovative educational courses to make financial education relevant and accessible to students, government staff and policymakers.
Previously, he served as chief financial officer at both the U. S. Department of Housing and Urban Development and the U. S. Small Business Administration where he directed the execution of financial management programs including analytical work involving the credit and insurance programs at those agencies. He also was the founding director of the New York City Independent Budget Office (IBO), a municipal government agency providing nonpartisan, objective research and analysis of New York City's fiscal condition. Prior to IBO, Doug spent a decade in the U. S. government focused on budgeting and management issues at the Office of Management and Budget and the Congressional Budget Office. Doug also worked at JPMorgan Securities where he provided operational, investment banking and financial services to governments and related entities.
Professional Qualifications and Memberships
- National Academy of Public Administration
- Fellow Partnership for Public Service
- Strategic Advisor to Government Executives (SAGE)
Presentations and Pulications
- The Impact, Evaluation and Prospect of Biden's New Administration, Co-author, International Finance (China), July 2021.
- Podcast - GovExec Daily: How Federal Housing Policy Can Promote Climate Resiliency, July 13, 2021.
- Climate Resilience Starts at Home, Government Executive, July 1, 2021.
- Federal Budget Process Should Go Beyond Cost, Government Matters, June 14, 2021.
- Federal Drive Podcast: Biden Budget, June 14, 2021.
- The Budget Process Is 100 Years Old Today and Its Age Is Showing, Government Executive, June 10, 2021.
- Perspectives on Housing %26 Climate Change Resilience, LinkedIn, April 22, 2021. â€¢ Podcast: GovExec Daily: How to Budget for the Next Pandemic, April 5, 2021.
- Budgeting for the Next Pandemic, Government Executive, March 31, 2021.
- Fixing Americaâ€™s Failing Fiscal Health, Government Executive, September 24, 2020.
- Building a Stronger Fiscal Foundation: An Agenda for 2021, National Academy of Public Administration, Co-author, September 2020.
- Using Megafunds for Vaccine Development, at MITRE/HHS event Biodefense Industrial Base Policy: Roundtable on Pandemic Influenza Innovative Business Models, November 22, 2019.
- Uncle Sam Needs Fresh Strategy to Manage Federal Lending Programs. The Hill, May 21, 2019
- University of Rochester, Political Science Commencement Address, https://bit.ly/2LKXNYF, May 19, 2019.
- Americans Have $1 trillion Problem, The Hill, February 8, 2019.
- Closing the Lending Gap Will Help Government and Business Thrive, The Hill, July 24, 2018.
- Time to Rethink the US Budget Process? A Data-Driven Funding System for Government Programs Could Help, MIT Sloan News, January 12, 2018.
- The Case for Evidence in Government, Government Executive, September 28, 2017. â€¢ Steering US Credit Programs toward Data-Driven Performance Management, MIT GCFP Blog, June 2, 2017. â€¢ Will your bank be on your side if it gets hit with a cyberattack? The Hill, May 10, 2017.
- Can Cybersecurity Insurance Protect Consumers from Attacks? The Hill, April 25, 2017. â€¢ Building Trust in Government through 21st Century Approach to Financial Management: Enabling Citizen Engagement, at The International Consortium on Government Financial Management, Annual Conference, December 6, 2016.
- Borrowing for College from Your Uncle Sam, The Hill, May 5, 2016.
- Time for a New Budget Process, The Hill, December 11, 2015.
- Crowd Sourcing a Better SIFI Definition, MIT GCFP Brief, March 2016.
- Chinese Growing Local Government Debt Levels, with Deborah Lucas, GCFP.mit.edu, January 27, 2016.
- Opacity in Checking Government Loan Cost Accuracy, MIT GCFP Blog, September 9, 2015.
- Even with the DATA Act, the Forecast for Transparency Remains Murky, NextGov.com, November 24, 2014.
- Financial Innovation and Call Reporting, at Federal Deposit Insurance Corporation, April 24, 2014.
- The Moneyball Formula for Government, The Hill, November 25, 2013.
- Potential Role for US Government in Providing Guarantees to Reduce Financing Costs of Translational Biomedical Research Megafund, at Cancer RX Conference, MIT, June 18, 2013.
- Rethinking the Debt Ceiling: Fund Deficits, Not Accumulated Debt, AOL/Government, January 15, 2013.
- How Washington Crowds Out Private Lending, Wall Street Journal, December 19, 2012.
- MS, Public Policy Analysis, University of Rochester
- BS, Political Science, Economics, University of Rochester